#Nifty weekly Analysis.
#NIFTY
1) In the weekly time frame, Nifty has been moving in a parallel channel
2) Moving to the 4H timeframe, we spot the price moving in a box pattern inside which an ascending triangle has formed.
We use multi-timeframe analysis for confirmation. We have given you all the possible outcomes in case of breakout in any timeframe.
Educational purpose only - kindly do your own research.
Good luck.
1) In the weekly time frame, Nifty has been moving in a parallel channel
2) Moving to the 4H timeframe, we spot the price moving in a box pattern inside which an ascending triangle has formed.
We use multi-timeframe analysis for confirmation. We have given you all the possible outcomes in case of breakout in any timeframe.
Educational purpose only - kindly do your own research.
Good luck.
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